Whittier Trust Co. of Nevada Inc. Acquires 250 Shares of Fair Isaac Corporation $FICO

Key Points

• Whittier Trust Co. of Nevada Inc. increased its holdings in Fair Isaac Corporation by 3.6%, acquiring an additional 250 shares and bringing its total ownership to 7,151 shares valued at approximately $13.07 million.
• Fair Isaac Corporation reported $8.57 earnings per share for the last quarter, exceeding the consensus estimate, while revenue rose 19.8% year-over-year to $536.42 million.
• Several institutional investors, including Vanguard Group and UBS AM, have recently increased their stakes in Fair Isaac, with institutional ownership at 85.75% of the company's stock.

Whittier Trust Co. of Nevada Inc. grew its holdings in shares of Fair Isaac Corporation (NYSE:FICO - Free Report) by 3.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,151 shares of the technology company's stock after acquiring an additional 250 shares during the quarter. Whittier Trust Co. of Nevada Inc.'s holdings in Fair Isaac were worth $13,072,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Vanguard Group Inc. boosted its position in shares of Fair Isaac by 2.0% during the 1st quarter. Vanguard Group Inc. now owns 2,962,434 shares of the technology company's stock valued at $5,463,202,000 after acquiring an additional 58,740 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in shares of Fair Isaac by 0.4% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 823,574 shares of the technology company's stock valued at $1,518,803,000 after acquiring an additional 3,677 shares during the last quarter. Principal Financial Group Inc. raised its holdings in shares of Fair Isaac by 7.3% during the 1st quarter. Principal Financial Group Inc. now owns 391,823 shares of the technology company's stock valued at $722,585,000 after buying an additional 26,811 shares in the last quarter. American Century Companies Inc. raised its holdings in shares of Fair Isaac by 4.7% during the 1st quarter. American Century Companies Inc. now owns 386,618 shares of the technology company's stock valued at $712,985,000 after buying an additional 17,498 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Fair Isaac by 29.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 316,780 shares of the technology company's stock valued at $584,193,000 after buying an additional 72,518 shares in the last quarter. Institutional investors own 85.75% of the company's stock.

Fair Isaac Stock Performance

Shares of FICO stock opened at $1,621.92 on Tuesday. Fair Isaac Corporation has a fifty-two week low of $1,300.00 and a fifty-two week high of $2,402.51. The stock has a 50 day moving average price of $1,539.31 and a two-hundred day moving average price of $1,688.69. The company has a market capitalization of $38.93 billion, a P/E ratio of 63.43, a PEG ratio of 1.74 and a beta of 1.35.

Fair Isaac (NYSE:FICO - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The technology company reported $8.57 earnings per share for the quarter, beating the consensus estimate of $7.75 by $0.82. Fair Isaac had a negative return on equity of 48.88% and a net margin of 32.80%.The firm had revenue of $536.42 million during the quarter, compared to the consensus estimate of $520.40 million. During the same quarter in the previous year, the company posted $6.25 earnings per share. The business's revenue was up 19.8% on a year-over-year basis. Fair Isaac has set its FY 2025 guidance at 29.150-29.150 EPS. As a group, equities analysts predict that Fair Isaac Corporation will post 24.15 earnings per share for the current year.

Insiders Place Their Bets

In other news, CEO William J. Lansing sold 4,942 shares of the business's stock in a transaction that occurred on Tuesday, October 14th. The stock was sold at an average price of $1,631.34, for a total transaction of $8,062,082.28. Following the transaction, the chief executive officer directly owned 43,207 shares of the company's stock, valued at approximately $70,485,307.38. The trade was a 10.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold a total of 18,032 shares of company stock valued at $28,094,085 in the last ninety days. Insiders own 3.46% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the company. Oppenheimer cut Fair Isaac from an "outperform" rating to a "market perform" rating in a report on Monday, October 13th. Raymond James Financial decreased their price objective on Fair Isaac from $2,230.00 to $1,800.00 and set an "outperform" rating on the stock in a report on Thursday, July 31st. Wells Fargo & Company raised their price objective on Fair Isaac from $2,300.00 to $2,400.00 and gave the company an "overweight" rating in a report on Tuesday, October 14th. BMO Capital Markets raised their price objective on Fair Isaac from $1,650.00 to $1,800.00 and gave the company an "outperform" rating in a report on Monday, August 18th. Finally, Zacks Research raised Fair Isaac from a "hold" rating to a "strong-buy" rating in a report on Tuesday, October 7th. Three analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, Fair Isaac has a consensus rating of "Moderate Buy" and an average price target of $2,137.43.

Fair Isaac Company Profile

Fair Isaac Corporation develops analytic, software, and digital decisioning technologies and services that enable businesses to automate, enhance, and connect decisions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Scores and Software. The Software segment provides pre-configured analytic and decision management solution designed for various business needs or processes, such as account origination, customer management, customer engagement, fraud detection, financial crimes compliance, and marketing, as well as associated professional services.

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